UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
April 22 .. SABB General Assembly discusses dividends for the year 2019
The Saudi British Bank (SABB) general assembly will meet on April 22 next, to discuss the proposed... Read more
UAE Markets
Fuel prices in the UAE in the month of April 2020
The Gasoline and Diesel Prices Follow-up Committee at the Emirates General Petroleum Corporation... Read more
Gulf Markets
Saudi FIPCO increases losses by 278%
The annual losses of the Packaging Material Manufacturing Company (FIPCO) increased by 277.9% to... Read more
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World Markets
US crude falls below $ 20
Oil prices fell sharply on Monday, as US crude fell briefly to less than $ 20 a barrel.... Read more
Gulf Markets
Saudi Arabia plans to increase oil to 10.6 million barrels per day
The Kingdom of Saudi Arabia intends to increase crude oil exports to 10.6 million barrels per day... Read more
UAE Markets
Launching mobile payment services in the UAE
PayBy Financial Technology launched fast and safe mobile payment services in the UAE, in partner... Read more
UAE Markets
Foreign assets of UAE banks increase by 3.2% in February
The balance of foreign assets with Emirati banks increased by 3.2% to reach AED 795.3 billion at... Read more
UAE Markets
Abu Dhabi Islamic Bank distributes 994 million dirhams in cash
The General Assembly of Abu Dhabi Islamic Bank agreed to distribute cash dividends of approximate... Read more
UAE Markets
UAE conducts 220 thousand examinations to reveal "Corona"
The Ministry of Health and Community Protection in the Emirates has announced that it has conducted... Read more
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